Search
Built-2024 Duplex Investment
For Sale
$575,000

2763 W Rutledge Lane, Fayetteville, AR 72704

MULTI_FAMILY - Fayetteville, AR

Property Size2,680 SF
Lot Size0.31 Acres
Price / SF$214.55
Days on Market81

Property Features for 2763 W Rutledge Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Exterior features ConcreteDriveway
Fencing Privacy
Appliances ElectricWaterHeater
Subdivision Rutledge Sub
Lot features Central Business District, Cleared, Near Park, Sloped
Directions South on I-49, take Exit 62 (MLK Blvd), right on MLK Blvd, right on Rupple Rd, left on Persimmon St, right on Rutledge Ln to property.
Standard status Active
APN 765-10559-000
Size 2,680 SF
Lot size 0.31 Acres

Taxes and HOA fees

Tax Description Parcel: 765-10559-000, S-T-R: 19-16-30, Blk/Lot:NA/003, Sub: Rutledge SD, County: Washington
Tax Annual Amount 4330
Legal Description Parcel: 765-10559-000, S-T-R: 19-16-30, Blk/Lot:NA/003, Sub: Rutledge SD, County: Washington

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 2024
Floors in Building 1
Number of units 2
Flooring type Tile, Vinyl
Building materials Frame, VinylSiding
Roof type Shingle
Listing Agency: Collier & Associates- Rogers Branch
Listed By: April Kneller · License #SA00088537
Added: Jun 2 Changed: Jul 28 Last Checked: Aug 21 at 7:06AM
MLS# 1349672

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2024, this west Fayetteville duplex offers a newer, low-maintenance residential income opportunity. Each unit is laid out with three bedrooms and two bathrooms, with functional floor plans and modern finishes intended for everyday living. With two separate living spaces on one property, it can appeal to investors seeking straightforward rental configuration and consistent unit mix.

The property is located at 2763 W Rutledge Lane in Fayetteville, within quick access to I-49. It also benefits from proximity to the University of Arkansas as well as shopping, dining, parks, and trails, which can support broad tenant appeal for an everyday lifestyle.

For buyers, this home is a strong fit for anyone looking to add a recently built duplex to a portfolio in Northwest Arkansas. The unit design and modern interior finishes may help attract tenants who value condition and functionality, while the location provides convenient access to major destinations. Also listed in MLS as Residential #1349665.

Key Highlights

  • Built in 2024 west Fayetteville duplex with modern interior finishes
  • Each unit has 3 bedrooms and 2 bathrooms
  • Central heating and central air conditioning

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,118
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.19%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$482,360 $482.4K
Cap Rate 7%
$344,543 $344.5K
Cap Rate 9%
$267,978 $268.0K
Market Conditions
NOI Build-Up for 2,680 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$37.0K $13.80/SF
− Vacancy
−$2.5K −$0.94/SF
EGI
$34.5K $12.86/SF
− OpEx
−$10.3K −$3.86/SF
NOI
$24.1K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$482,360
Cap Rate 7%
$344,543
Cap Rate 9%
$267,978

Alternative Uses

Best Use
Multifamily LT 5
$344.5K
$301.5K – $402.0K (±1% cap)
NOI $24,118 @ 7.0% cap · market cap 4.19%
Second Best
Apartment 5plus
$304.8K
$266.7K – $355.7K (±1% cap)
NOI $21,339 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$719.4K
$629.4K – $839.3K (±1% cap)
NOI $50,355 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Auto Parts Store Garden Center Real Estate Agency Grocery & Convenience Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

325
Businesses Nearby

Demographics for 72704, AR

31,145
Population
14,098
Households
2.2
Avg Household Size
31
Median Age
55%
College-Educated
96%
High-School Grad
77.0 sq mi
ZIP Area
404
Density / Sq Mi
$88,991
Median Household Income
$51,341
Median Earnings
$1,163
Median Rent
$301,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Newly constructed duplex with two 3BR/2BA units and modern finishes, positioned for investor rental demand.
Where is this duplex located?
The property is located at 2763 W Rutledge Lane Fayetteville, AR.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Built in 2024 west Fayetteville duplex with modern interior finishes; Each unit has 3 bedrooms and 2 bathrooms; Central heating and central air conditioning
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message